FINANCIAL SOLUTIONS

servizi finanziari

All the solutions in our technology portfolio are complemented by customised financial opportunities, starting with the contract types provided for by Decree Law DL 115/2008, namely: Energy Performance Contracts, Energy Service Contracts up to classic instalment sales contracts and operating lease contracts.

In the technical offers proposed to our customers for the implementation of commissioned activities, we propose various financial solutions:

A Power Purchase Agreement (PPA) is a long-term power supply agreement between two parties, usually between an electricity producer (seller) and an electricity consumer or distributor (buyer). PPAs set out in detail all the terms and conditions for the sale and purchase of electricity, including the volume of electricity to be supplied, negotiated prices, the balance between production and consumption, and penalties in the event of breach of contract. PPAs also reduce market price risks and are therefore used for the construction or maintenance of renewable energy plants.
The PPA contract can take various forms and is generally proposed by Greenvest in the form of a financing agreement. It provides for the supply of electricity generated by a photovoltaic system, at a fixed price for the entire duration of the contract, to a customer who does not want or does not have the financial resources to invest in a solar asset. Greenvest builds the plant at the customer’s site, manages its operation and maintenance, and guarantees its performance throughout the contractual period. The customer agrees to purchase the electricity produced, with no investment costs and immediate energy savings. At the end of the contract, the customer becomes the owner of the system, enjoying the benefits associated with solar energy until the end of its useful life.
Greenvest therefore finances and builds the photovoltaic or wind power plant, manages the authorisation and planning process, and sells the energy produced to the customer at an advantageous fixed fee for the entire duration of the contract. The customer benefits from the remuneration from any energy fed into the grid and at the end of the contract, becoming owner of the plant.

With an Energy Performance Contract Greenvest carries out energy efficiency improvements for a customer through works, supplies, services or other agreed energy performance criteria, such as financial savings. The proposed benefits are verified and monitored throughout the duration of the contract. Greenvest is committed to ensuring that savings are not less than an agreed minimum, established on the basis of auditing activities. Through Energy Performance Contracts (EPCs) we aim to guarantee a certain efficiency and savings result for the customer by proposing integrated interventions aimed at upgrading the energy system and improving its utilisation.

Depending on the energy performance measures provided, there are various types or models of energy performance contracts. The energy savings achieved are either entirely used to repay the financing of the intervention; or only a portion of the savings contributes to recovering the initial investment.

In any case, the EPC contract includes a clear and transparent list of the efficiency measures to be applied or the efficiency results to be obtained and the guaranteed savings to be achieved by applying the measures in the contract, along with an equally clear and transparent indication of the financial implications of the project and the share of the two parties in the monetary savings achieved.

The sales solution is generally applied by us for the construction of renewable energy plants, photovoltaic as well as wind power. It includes the supply and installation of the system on a turnkey basis, whereby the customer bears the entire investment and immediately benefits from all the advantages of producing electricity from solar energy. Greenvest designs and builds the plant at the customer’s site, manages the authorisation and grid connection process and delivers the plant to the customer already in operation. The customer, as the owner of the system, manages its operation and maintains it. This solution is ideal for customers who have capital to invest right away, who have the technical skills to operate the system, and who want to benefit from the full savings from electricity production.

The customer immediately benefits from maximum energy and cost savings and the sale of any energy fed into the grid. The payback time of the investment is expected to be less than 5 years.

The instalment contract is a financing agreement whereby the investment is paid off in instalments on an annual basis according to the savings that can be achieved. Greenvest finances the construction of renewable energy plants at the customer’s site, manages the authorisation and grid connection process and delivers the plant already in operation to the customer. The customer, as the owner of the system, manages its operation and maintains it. This solution is ideal for customers who do not have the entire capital available in the immediate future, but who have the technical skills to operate the plant and who want to benefit from the full savings from electricity production.

The customer immediately benefits from maximum energy and cost savings and the sale of any energy fed into the grid.

In the operating lease contract the customer (user) pays Greenvest (lessor) a periodic fee for the use of the plant for a set period of time. Greenvest provides financing, designs and builds the renewable energy plant at the customer’s site, organises the authorisation and grid connection process and, as plant owner, manages its operation and maintenance. Furthermore, for the customer’s protection, Greenvest ensures the plant performance in terms of yield. The customer has the option, at the end of the leasing period, to redeem the plant at a predetermined price. This solution is ideal for those customers who do not have the entire capital available in the immediate future and who do not have the technical skills to operate the plant and who want to benefit from the entire savings from electricity production. The customer immediately benefits from maximum energy and cost savings and the sale of any energy fed into the grid.